Philosophy
When it comes to the choice between active and passive, investors have at least three questions to consider.
The obligation to act honestly and with competence must be the core of every financial service.
"The best way that you can be a decision maker in this type of environment is not to demand certainty."
What is the half-life of financial knowledge and how can professional investors win the race against it?
“Superior investing has to come from correct idiosyncratic decisions,” says Howards Marks, CFA.
How can behavioral finance inform our response to the coronavirus? Meir Statman gave his perspective on this and other questions.
What if "normal" real interest rates are not coming back?
What do two speeches from the 1970s say about today's economy?
I held my first book in my hands in the spring of 2016. However improbable it was for me to write one, there it was.
Upside-down rates do make sense. They reveal the high cost of staying solvent.